MICRO CRUDE OIL ONLY0225

MCL0225

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Futures
Ticker:	MCL0225
ISIN:	MCLG5

MICRO CRUDE OIL ONLY0225 - 15 min. - Technical analysis published on 01/16/2025 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

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MICRO CRUDE OIL ONLY0225 Chart

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

11%

56%

33%

My opinion

Bearish under 81.47 USD

My targets

79.35 USD (-0.76%)

77.93 USD (-2.54%)

My analysis

The strong short-term decline in MICRO CRUDE OIL ONLY0225 calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 81.47 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 79.35 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 77.93 USD as an objective. Crossing it would then enable sellers to target 75.81 USD. Be careful, a return to above 81.47 USD could jeopardize the reversal.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

2.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by euletthomas.

Additional analysis

Quotes

MICRO CRUDE OIL ONLY0225 rating 79.96 USD. On the day, this instrument lost -0.10% and was traded between 79.82 USD and 80.63 USD over the period. The price is currently at +0.18% from its lowest and -0.83% from its highest.

79.82

80.63

79.96

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on MICRO CRUDE OIL ONLY0225 were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 15 min. of this MICRO CRUDE OIL ONLY0225 chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes

The analysis of the price chart with Central Patterns scanners does not return any result.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

White hanging man / hammer

Type : Neutral

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	75.33	77.38	79.31	79.96	80.78
Change (%)	-5.79%	-3.23%	-0.81%	-	+1.03%
Change	-4.63	-2.58	-0.65	-	+0.82
Level	Major	Intermediate	Intermediate	-	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	74.39	75.81	77.93	79.35	81.47	82.89	85.01
Camarilla	79.07	79.39	79.72	80.04	80.37	80.69	81.01
Woodie	74.73	75.99	78.27	79.53	81.81	83.07	85.35
Fibonacci	75.81	77.17	78.00	79.35	80.71	81.54	82.89

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.65	70.75	73.66	75.76	78.67	80.77	83.68
Camarilla	75.19	75.65	76.11	76.57	77.03	77.49	77.95
Woodie	69.06	70.95	74.07	75.96	79.08	80.97	84.09
Fibonacci	70.75	72.66	73.85	75.76	77.67	78.86	80.77

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	62.99	64.85	68.29	70.15	73.59	75.45	78.89
Camarilla	70.26	70.75	71.23	71.72	72.21	72.69	73.18
Woodie	63.77	65.25	69.07	70.55	74.37	75.85	79.67
Fibonacci	64.85	66.88	68.13	70.15	72.18	73.43	75.45

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	42.98
MACD (12,26,9):	-0.0200
Directional Movement:	-10.65
AROON (14):	-50.00
DEMA (21):	80.21
Parabolic SAR (0,02-0,02-0,2):	80.36
Elder Ray (13):	-0.18
Super Trend (3,10):	80.53
Zig ZAG (10):	80.10
VORTEX (21):	0.8400
Stochastique (14,3,5):	35.38
TEMA (21):	80.12
Williams %R (14):	-55.36
Chande Momentum Oscillator (20):	-0.05
Repulse (5,40,3):	0.0900
ROCnROLL:	-1
TRIX (15,9):	0.0000
Courbe Coppock:	0.01

MA7:	77.17
MA20:	73.32
MA50:	70.64
MA100:	69.97
MAexp7:	80.16
MAexp20:	80.21
MAexp50:	80.07
MAexp100:	79.62
Price / MA7:	+3.62%
Price / MA20:	+9.06%
Price / MA50:	+13.19%
Price / MA100:	+14.28%
Price / MAexp7:	-0.25%
Price / MAexp20:	-0.31%
Price / MAexp50:	-0.14%
Price / MAexp100:	+0.43%

Quotes : - 10 min delayed data - NYMEX Futures

This member declared not having a position on this financial instrument or a related financial instrument.

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